509 Rustic Lane
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | Listed by Keller Williams Hou Preferred | $425,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Beautiful 2.2 acre property in Friendswood! You will love all of the mature trees and the fact that the property is fully fenced - bring your animals! The home is surrounded by other custom built homes and has a 4 stall metal barn in the back. The house is a 3 bed 2 bath and is just waiting for someone to come put some TLC and their personal touches to it. Come take a look today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017